Press release
Acne Medication Market By Therapeutic Class (Retinoids, Antibiotics, Salicylic Acid, Benzoyl Peroxide, And Others) Formulation,, Acne Type & Distribution Channel Forecast To 2025 By Key Players Allergan Plc.,Nestle S.A.,Johnson & Johnson,Mayne Pharma Grou
Acne Medication
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The global acne medication market was valued at $8,017 million in 2017, and is projected to reach $10,929 million by 2025 at a CAGR of 3.9% from 2018 to 2025. Increase in prevalence of acne diseases is the major factor that contributes toward the growth of the acne medication market. Moreover, other factors that fuel the market growth include unhealthy urban lifestyle, and presence of robust acne medications in pipeline.
However, side-effects associated with the use of acne medications and presence of alternative treatment impede the market growth. Conversely, development of effective medications with lesser side effects and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the market growth.
The global acne medication market is segmented into therapeutic class, formulation, type, acne type, distribution channel, and region. Based on therapeutic class, the market is divided into retinoids, antibiotics, salicylic acid, benzoyl peroxide, and others. The retinoids segment is further classified into topical retinoid & combination retinoid and oral retinoid (isotretinoin).
The antibiotics segment is further sub-segmented into topical antibiotics & combination antibiotics and oral antibiotics. Based on the formulation, the market is bifurcated into topical medication and oral medication. Based on type, the market is categorized into prescription medicine and over-the-counter (OTC) medicine. By acne type, the market is divided into non-inflammatory and inflammatory acne. The distribution channel covered in the study include grocery store, pharmacy & drug store, and e-commerce. Based on region, it is analyzed for across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
• The study provides an in-depth analysis of the global acne medication market with current trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
• Comprehensive analysis of factors that drive and restrict the market growth is provided.
• Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
• Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
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Key market segments
By Therapeutic Class
• Retinoids
o Topical Retinoid & Combination Retinoid
o Oral Retinoid (Isotretinoin)
• Antibiotics
o Topical Antibiotic & Combination Antibiotics
o Oral Antibiotics
• Salicylic Acid
• Benzoyl Peroxide
• Others
By Formulation
• Topical Medication
• Oral Medication
By Type
• Prescription Medicine
• Over-the-counter (OTC) Medicine
By Acne Type
• Inflammatory Acne
• Non-inflammatory Acne
By Distribution Channel
• Grocery Store
• Pharmacy & Drug Store
• e-Commerce
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
• Allergan Plc.
• Nestle S.A.
• Johnson & Johnson
• Mayne Pharma Group Limited
• Mylan N.V.
• Pfizer Inc.
• GlaxoSmithKline Plc
• Sun Pharmaceutical Industries Limited
• Teva Pharmaceutical Industries Ltd.
• Valeant Pharmaceuticals International, Inc.
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request)
• Daiichi Sankyo Company, Ltd.
• Ranbaxy Laboratories Limited
• Medicis Pharmaceutical Corporation
• Foamix Pharmaceuticals
• Prestium Pharma, Inc.
• BioPharmX, Inc.
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